Volatility Index Update - Wednesday, Nov. 16
As you know, the VIX is the Volatility Index and it moves opposite to the market.
Today, we posted two VIX charts below and here are our comments: The positive is that the VIX closed just below a fan line support. he negative is that the VIX has been up trending since August. With two upside breeches, the risk levels are very high, so use caution.
Disclosure: None.